New Zealand Sees Rise in Business Confidence for Second Quarter

July 1, 2025 - 01:11

WELLINGTON - New Zealand's business confidence has shown signs of improvement in the second quarter, according to a recent report from a private think tank. The findings suggest that inflationary pressures may be beginning to ease, providing a more optimistic outlook for businesses across the country.

In the latest quarterly survey conducted by the New Zealand Institute of Economic Research, a net 22% of firms expressed a belief that general business conditions would improve, up from 19% in the previous quarter. This shift indicates a growing sense of optimism among business leaders.

However, the report also highlights a notable divergence in sentiment among firms. While some are experiencing weak demand, others are anticipating a recovery in demand, suggesting that the economic landscape remains uneven. The NZIER's insights reflect a complex environment where certain sectors may be poised for growth, while others continue to face challenges.